Champaign Toys R Us closing, will remain open at least until May 14

Champaign Toys R Us closing, will remain open at least until May 14

Biz tips? Email Ben Zigterman at bzigterman@news-gazette.com

CHAMPAIGN — Although the local Toys R Us will be closing, it plans to remain open through at least May 14, according to a posting on its door.

“We have been informed that our location will indeed be liquidating,” the posting said. “We have not heard anything on the date that the liquidation sales will begin.”

Toys R Us announced last week that it would be selling or closing all of its 740 U.S. stores, potentially putting about 30,000 employees out of work.

The Champaign location at 40 E. Anthony Drive, C, said it will remain open “at minimum, until May 14th, 2018, and longer if the liquidation process is not yet completed by that date.”

Toys R Us filed for Chapter 11 bankruptcy protection last year.

“We hope that you understand that this is a very stressful time for our team and the community that we represent, and that we will continue to serve you and your families as long as we still have the privilege to do so,” said the posting at the Champaign store.

Sections (3):News, Local, Business
Topics (2):Economy, Retail
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